Under Pressure: Lessons in Leadership from General Electric"s CEO
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A very honest story about the internal cuisine GE - one of the greatest US companies
The instrumentation of a leader who managed to withstand the most stringent tests and three times awarded the title “Best CEO in the World” according to Barron"s.
Numerous real cases that help to see narrow places, weaknesses and strengths of managerial strategies.
Jeff Immelt changed the legendary Jack Welch as head of General Electric four days before September 11, 2001, when two Boeing -767 with GE engines destroyed the insured GE buildings. In 2008, the global economic crisis broke out, and in 2011 there was an accident at the Fukushima-1 nuclear power plant, all six reactors of which were designed by GE engineers.
The company"s management was obliged to respond to situations quickly and correctly in order to prevent GE of reputation and financial collapse.
Under voltage - an honest story about not easy to overcome these and other problems and finding the right solutions that strengthened GE. Jeff Immelt gives answers to important questions: what qualities do a person make a leader, how to meet fate blows in order to leave the winner from complex and slippery situations, how to work with criticism, how to find weaknesses in the company"s work and eliminate them, how to build relations with subordinates , keep the good name of the company and increase its capital even in unstable times.
Quotes
There are business icons that have created something out of nothing. I mean geniuses like Jeff Bezos. Other leaders benefit from successful circumstances or moment. If you were the general director of the bank from 2000 to 2007, you were considered a hero. If you did the same work from 2008 to 2015, you were considered a villain. The same person, the same work, different circumstances.
Most of the leaders will not be ideal or successful, since they make difficult decisions without a roadmap or a guide to action. But especially in the crisis, if they insist on waiting for the sky to become clear, they will never achieve anything. Inaction is a bad leadership, but it may seem safer than action, because acting means to open for criticism. For 16 years, I have been protected as the CEO of criticism - the media, our investors, my predecessor. But my team and our clients have always been on my side.
You need smart people who will direct you, but in the end to act is your work. There is no simple rule that claims when to listen, and when to do. But I know one thing: in large and small companies, you need to get rid of people whom you do not trust, even those who are unusually talented.
For whom
For managers and those who are interested in the history of a big business and world famous companies.
About the author
Jeff Immelt headed General Electric from 2001 to 2017. In 2011, he was appointed adviser to the US President for competitiveness and labor market, worked as chairman of the US Advisory Council for economic recovery in the Barack Obama administration. In 2003, he was awarded the title “Man of the Year” according to the version of the Financial Times. Three times he became the owner of the title “Best CEO in the World” according to Barron"s. During the stay of Immelt as General Director GE, the Fortune magazine was called the most respected company of America
The instrumentation of a leader who managed to withstand the most stringent tests and three times awarded the title “Best CEO in the World” according to Barron"s.
Numerous real cases that help to see narrow places, weaknesses and strengths of managerial strategies.
Jeff Immelt changed the legendary Jack Welch as head of General Electric four days before September 11, 2001, when two Boeing -767 with GE engines destroyed the insured GE buildings. In 2008, the global economic crisis broke out, and in 2011 there was an accident at the Fukushima-1 nuclear power plant, all six reactors of which were designed by GE engineers.
The company"s management was obliged to respond to situations quickly and correctly in order to prevent GE of reputation and financial collapse.
Under voltage - an honest story about not easy to overcome these and other problems and finding the right solutions that strengthened GE. Jeff Immelt gives answers to important questions: what qualities do a person make a leader, how to meet fate blows in order to leave the winner from complex and slippery situations, how to work with criticism, how to find weaknesses in the company"s work and eliminate them, how to build relations with subordinates , keep the good name of the company and increase its capital even in unstable times.
Quotes
There are business icons that have created something out of nothing. I mean geniuses like Jeff Bezos. Other leaders benefit from successful circumstances or moment. If you were the general director of the bank from 2000 to 2007, you were considered a hero. If you did the same work from 2008 to 2015, you were considered a villain. The same person, the same work, different circumstances.
Most of the leaders will not be ideal or successful, since they make difficult decisions without a roadmap or a guide to action. But especially in the crisis, if they insist on waiting for the sky to become clear, they will never achieve anything. Inaction is a bad leadership, but it may seem safer than action, because acting means to open for criticism. For 16 years, I have been protected as the CEO of criticism - the media, our investors, my predecessor. But my team and our clients have always been on my side.
You need smart people who will direct you, but in the end to act is your work. There is no simple rule that claims when to listen, and when to do. But I know one thing: in large and small companies, you need to get rid of people whom you do not trust, even those who are unusually talented.
For whom
For managers and those who are interested in the history of a big business and world famous companies.
About the author
Jeff Immelt headed General Electric from 2001 to 2017. In 2011, he was appointed adviser to the US President for competitiveness and labor market, worked as chairman of the US Advisory Council for economic recovery in the Barack Obama administration. In 2003, he was awarded the title “Man of the Year” according to the version of the Financial Times. Three times he became the owner of the title “Best CEO in the World” according to Barron"s. During the stay of Immelt as General Director GE, the Fortune magazine was called the most respected company of America
Author:
Author:Джефф Иммельт, Уоллес Эми
Cover:
Cover:Hard
Category:
- Category:Biographies & Memoirs
- Category:Business & Money
Publication language:
Publication Language:Russian
Paper:
Paper:Offset
Age restrictions:
Age restrictions:12+
ISBN:
ISBN:978-5-9614-7206-6
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